Jimmy Iovine Leaves Interscope For Apple

Today long-time Interscope Chairman Jimmy Iovine, who’s been a part of the company since 1989 has decided to step down and hand over his position to newcomer John Janick. This all went down after Apple’s recent purchase of Beats By Dre for a whooping $3 billion dollars, The deal is set to go through at the end summer. Sources also confirmed that Jimmy Iovine will be working over at APPLE either as an consultant or to have an executive position for the brand following their purchase of Beats Electronics.